Hard Economic Times. Life has its ups and downs, and so do economies. Just like the seasons change, so too do financial cycles—sometimes we’re basking in the sunshine of growth, and sometimes we’re caught in the storm clouds of a recession. The truth is, hard times are not a fluke—they’re a normal, expected part of the economic cycle. If you own a home, or you’re planning to, being prepared for those stormy patches can make all the difference between riding them out comfortably or getting knocked off course.

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